Monte Carlo Simulation: Forecasting Throughput and Project Timelines
TL;DR: Forecasting team Throughput is super-easy and much more reliable than traditional methods, if you limit your work in Progress. Reliability confirmed by research data. We’ve already extensively covered Throughput (one of the flow metrics), how to analyze Throughput data from 3 key angles. And why it’s better for forecasting than storypoints. Now let’s get to essentials and practical questions that our management looooves to ask: “When will you guys finish this project of X items”? ...